GOLD M30/ / LONG TRADE ALLERT❗️Hello traders!
As you can see, the chart reacted from the channel resistance level, and now I consider it a good opportunity to execute a long trade with the target until the price of 2041.
See also previous analysis.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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Goldshort
GOLD M30 / BULLISH CHANNEL, LONG OPPORTUNITY ✅ Hello Traders!
This is my perspective for GOLD M30. As you can see, we are in a BULLISH CHANNEL, and I expect a move until the price of 2042. A good opportunity to execute a long trade. At the price of 2042 we have an OB and a resistance level at 2040, very interesting levels to take into consideration.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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GOLD (XAUUSD): Bearish Outlook Explained 🏅
Gold nicely respected a horizontal daily supply area.
The price formed a bearish engulfing candle on a daily
and violated a support line of a horizontal range on a 4H time frame.
I believe that the price may drop lower next week.
Next supports: 2010 / 2000
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🔴Gold Why sell setup👌🏆👌Hello my gues
Gold fell when it reached a new historical resistance level of 2148, and when it fell, the price made a statement and not reversed the trend because some bears withdrew their profits from 1975, which is similar to the previous historical resistance level of 2075, that is, 75 is a common number between support and resistance, so I think that the price will continue to fall to... The 1940 level and this rise is a correction and not a trend reversal, so I used Fibonacci to determine the end of the upward trend
XAUUSD SCENARIO FOR MONDAY (150 PIPS)Hello traders so gold was ranging all day on friday and formed a ugly head and shoulder figure with rsi divergence indicating a bearish breakout .
indeed before the market close the price managed to break structure and the demand zone for monday am expecting maybe a correction and a retest towards that level before a bearish continuation if the price give us a lower high in the area with a good rejection i will enter a short trade for a 2 RR
GOLD M45, Key level, see why ... 📈Hello Traders!
I'm coming up with updates related to GOLD M45.
As you can see, GOld took the liquidity level mentioned in the previous post, I consider it an important level to execute a LONG TRADE.
Also, on the chart, we can recognize the level of accumulation , for now, we are in the manipulation stage, and I expect a distribution until the 2060 level.
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GOLD (XAUUSD): 2 Scenarios Explained 🥇
US fundamentals are coming in 30 minutes.
Here are the potential scenarios for Gold.
Bullish Scenario
The market is currently testing 2041 resistance.
If the market breaks and closes above that
a bullish continuation will be expected at least to 2070.
Bearish Scenario
Gold is currently consolidating within a narrow
horizontal range on an hourly time frame.
If the price breaks and closes below its support - 2029,
a bearish movement will be anticipated at least to 2015.
Wait for a breakout and then follow the market.
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GOLD WILL BLAST IN SELL CONFIRM PREDICTION Gold price (XAU/USD) trades with a mild positive bias for the third successive day on Friday, albeit lacks follow-through and remains below a one-and-half-week high touched the previous day. Against the backdrop of Friday's stronger-than-expected monthly jobs report, the upbeat US macro data released on Thursday pointed to a resilient economy and raised doubts about an early policy easing by the Federal Reserve (Fed) in March 2024. This leads to a modest recovery in the US Treasury bond yields, which, along with the prevalent risk-on environment, bolstered by hopes for additional stimulus measures from China, turns out to be a key factor acting as a headwind for the safe-haven precious metal.
Sale of gold at the current priceEarlier I tried to come in shorts, but stop loss worked. I consider there was a carrying out of bulls (the price reached exactly earlier designated resistance). Now there is divergence on MFI and RSI. I expect price movement down to 1933. Price movement on new heights should be through correction.
Gold trading trends and strategies todayFocusing on technical analysis, XAU/USD retains a bullish outlook, although its upward journey may encounter temporary setbacks. This means there could be transient pullbacks in the uptrend, especially if overbought conditions are reached. We are not there yet, but the 14-day RSI indicator is heading in that direction,
In terms of major levels to watch, resistance looms at $2,050. On further strength, the focus shifts to May’s peak near $2,075. Previous attempts to breach this barrier on a sustained basis have been unsuccessful, so history could repeat itself on a retest. However, if a decisive breakout materializes, a rally toward the 2023 swing high becomes a realistic prospect.
On the other hand, if upside momentum wanes and sellers spark a reversal, the first line of defense against a bearish attack appears at $2,010. Maintaining this floor is crucial; a failure to do so could reinforce downward pressure, exposing trendline support near $1,990. Below this threshold, all eyes will be on the 50-day simple moving average.
TVC:GOLD SELL 2038 - 2040
✔️TP1: 2033
✔️TP2: 2028
🚫SL: 2048
Gold trading ideasHello traders, what do you think about gold? Gold price increased to $ 2039 after the last monetary policy meeting of the year it was pushed beyond the threshold of $ 2,000 after the Fed decided to keep the interest rate from 5.25% - 5.5% and emphasized the growth rate Economic heads are slowly and inflation shows signs of "cooling down". Currently, the price that has cooled down is expected to increase the price to be designated after checking the resistance level before.
What is your point of view? Do you agree with me? ❤️
XAUUSDHello traders, what do you think about GOLD? Gold held steady around 1995 levels. A softer US dollar and lower US Treasury yields boosted the yellow metal.
From a technical point of view: the price is expected to rise to the specified level after testing the specified zone.
What is your view? Do you agree with me?❤️
Gold trading idea todayHello traders, what do you think about gold? Currently, gold price is trading around the $ 2037 resistance area and is still in the price increase channel, expected to increase at least the specified level when reaching this area. It is important to note that today's meetings of the European Central Bank and Brahmanism's speech, President of the European Central Bank, can cause some fluctuations in the market.
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Gold Sell Confirm Prediction Or Analysis For Today Gold price (XAU/USD) reverses an early European session dip to over a three-week low and climbs back above the $1,982 level in the last hour. Any meaningful appreciating move, however, still seems elusive amid the uncertainty over the Federal Reserve's (Fed) near-term policy outlook, which might hold back traders from placing aggressive directional bets. Hence, the focus will remain glued to the outcome of the highly-anticipated FOMC policy meeting, scheduled to be announced later today.
Gold trading idea todayHello traders, what are your thoughts on GOLD? Breaking out of the downward channel has caused the price of gold to continue its descent. Currently trading at $1981, the current recovery seems to be a corrective move towards the $1984 level before it is expected to decline as indicated. The FED's interest rate announcement today may be a catalyst for gold's movement.
What is your perspective? Do you agree with me?
XAUUSDHello traders ,what do you think about GOLD? Gold is moving in a descending channel. It is now at the bottom of the channel. With a corrective move towards the top of the channel and the specified level, it is expected to fall to the specified level. The FOMC STATEMENT at tomorrow can be the trigger for the movement of gold
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